_____ is a branch of accounting that addresses the needs of external stakeholders, including stockholders, creditors, and government regulators.
A)Forensic accounting
B)Investigative accounting
C)Managerial accounting
D)Financial accounting

Question

Quizplus · Accepted Answer

Financial accounting focuses on the preparation of financial statements that are used by external stakeholders to make decisions about the financial health of a company. This includes stockholders, creditors, and government regulators who rely on companies to provide accurate and timely financial information about their operations. Forensic accounting and investigative accounting are specialized fields within accounting that focus on uncovering fraud or financial irregularities, while managerial accounting deals with providing information to internal stakeholders to help them make better business decisions.

_____ Is a Branch of Accounting That Addresses the Needs